BREAKING UPDATE: Trump removes tariff threat related to Greenland based on constructive meeting with Secretary General of NATO, per social media post. Tariffs that were to become effective on February 1st, will not be imposed.
President Donald Trump stated on social media that the U.S. may impose new tariffs starting February 1 on imports from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. The proposed measure would begin at 10% and increase to 25% on June 1. The announcement ties the tariffs to broader geopolitical issues involving Greenland.
It remains unclear whether these tariffs would be imposed in addition to existing duties under the International Emergency Economic Powers Act (IEEPA). No formal regulatory action or guidance has been issued by CBP at this time, and the president indicated negotiations remain possible.
- The announcement is a policy signal, not a finalized action
- Cumulative duty exposure could increase if new tariffs stack on existing IEEPA measures
- Importers should monitor official guidance and review sourcing and tariff exposure
We will continue to provide updates as more details become available.
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